Singapore Stock Market News
Noble Group - No near-term reprieve
StockFanatic
Publish date: Fri, 27 Feb 2015, 03:28 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ 4Q14 below on SGD438m impairments. About half from Yancoal Australia. Cut EPS by 10-11% for lower MMO margins. Lower GGM TP to SGD1.00 from SGD1.05.
■ Timely & detailed response to Iceberg's allegations should soothe market.
■ Maintain HOLD on declining demand & prices for hard commodities. Prefer Wilmar in sector.
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